US Patent 9727533 Detecting anomalies in a time series

Embodiments are disclosed for detecting anomalies in time series using statistical models. In some embodiments, a linear regression model is built for the time series for predicting future values of the time series. Furthermore, the standard deviation of the difference between a prediction and an ideal value of the time series at any point is then estimated. An anomaly is detected when the difference between the prediction and the observed value is greater than a certain threshold based on the estimated standard deviation.